513 N San Marcos ST Active Save Request In-Person Tour Request Virtual Tour
Seguin,TX 78155
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,618 sqft
Price per Sqft $189
Subdivision Bauer
MLS Listing ID 577188
Style Craftsman
Year Built 1930
Lot Size 0.376 Acres
Property Sub-Type Quadruplex
Property Description
Investor Special with 2.25 Assumable FHA Loan!
Rare opportunity to own a quadplex in rapidly growing Seguin, TX, with an attractive 2.25 assumable FHA loan! Owner also willing to consider owner financing down payment in addition to offering assumable loan! —an unbeatable financing option in today's market!
This versatile property includes four rental units:
A spacious 3 bed / 2 bath main home
A charming 1 bed / 1 bath garage apartment
A duplex, each side featuring 1 bed / 1 bath
Recent upgrades include new flooring in all three of the 1-bedroom units and HVAC systems that are 3 years old or newer in three of the four units. All buildings are equipped with architectural shingle roofing, and two units feature private yards and in-unit laundry—highly desirable amenities that attract quality tenants.
Located just minutes from Downtown Seguin with easy access to major highways, this property is perfectly positioned for both steady rental income and future appreciation. Seguin's rental market is thriving, with demand and rates continuing to rise.
Financial Snapshot:
Gross Monthly Rents: $4,600
Monthly PITI: $3,055 (even lower with updated insurance!)
Remaining Balance for FHA Loan: $370,991
Don't miss out on this income-producing asset with built-in equity and low-cost financing! Owner also willing to consider owner financing down payment in addition to offering assumable loan!
Location
State TX
County Guadalupe
Interior
Heating Multiple Heating Units
Cooling 3+ Units
Flooring Laminate,Tile,Wood
Fireplaces Type None
Laundry Other,See Remarks
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Back Yard
Pool None,Private
Community Features Street Lights
Utilities Available Electricity Available,Trash Collection Public,Water Available
View Y/N No
View None
Roof Type Composition,Shingle
Building
Story 1
Foundation Combination
Sewer Public Sewer
Water Public
Schools
School District Seguin Isd
Others
Acceptable Financing Assumable,Cash,Conventional,FHA,Owner May Carry
Listing Terms Assumable,Cash,Conventional,FHA,Owner May Carry